Want to join the conversation?
$APD's largest sales contributing segment Industrial Gases posted lower 1Q16 sales of 17% vs. 1Q15, hurt by reduced lower energy pass-through sales of 12% and currency reduced sales of 4%. The Industrial Gases EMEA segment sales dipped by 12%, while Asia segment rose 4% vs. 1Q15. The Materials Technologies sales fell 6% to $490MM vs. 1Q15.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.